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What Is an Entrepreneur? Kids Worksheet

Entrepreneurship lesson 1: What is an entrepreneur? · Set 717 · 40 questions
TalentJR

Business tip (Spot, start small, learn): An entrepreneur starts and owns a business, takes the business risk and keeps the profit or loss. An employee works for an employer for a fixed salary. Helpful habits: spotting problems, trying small first, asking customers, learning from mistakes, keeping promises, being honest, working with a team. Unhelpful habits: giving up after one try, never asking anyone, copying a rival exactly, spending all the profit, blaming others, ignoring complaints.

NameDateTime takenScore ___ / 40
  1. 1.True or false: “skipping the planning” is an unhelpful habit for an entrepreneur. (a) False (b) True
  2. 2.👔 Who does this — an entrepreneur or an employee? Someone who follows the owner’s plan. (a) an employee (b) an entrepreneur
  3. 3.True or false: someone who takes the business risk — that is what an employee does. (a) False (b) True
  4. 4.True or false: someone who starts a new business — that is what an employee does. (a) False (b) True
  5. 5.Which of these is an unhelpful habit for an entrepreneur? (a) staying curious (b) saving for the business (c) asking customers (d) copying a rival exactly
  6. 6.True or false: “asking customers” is an unhelpful habit for an entrepreneur. (a) True (b) False
  7. 7.🚀 Helpful or unhelpful for an entrepreneur: learning from mistakes? (a) an unhelpful habit (b) a helpful habit
  8. 8.True or false: “breaking promises” is a helpful habit for an entrepreneur. (a) True (b) False
  9. 9.🎯 What should a good business idea solve? (a) a made-up problem (b) a real problem or need (c) only the owner’s boredom (d) nothing at all
  10. 10.🚀 Helpful or unhelpful for an entrepreneur: copying a rival exactly? (a) an unhelpful habit (b) a helpful habit
  11. 11.💰 Profit is… (a) money left after costs (b) the price of one item (c) money you borrow (d) all money from sales
  12. 12.🚀 Helpful or unhelpful for an entrepreneur: ignoring complaints? (a) a helpful habit (b) an unhelpful habit
  13. 13.🔍 Which is the odd one out? (a) never asking anyone (b) ignoring complaints (c) saving for the business (d) copying a rival exactly
  14. 14.True or false: “never asking anyone” is an unhelpful habit for an entrepreneur. (a) True (b) False
  15. 15.📉 The first idea did not sell well. What does a good entrepreneur do? (a) hide the results (b) give up at once (c) learn and improve it (d) blame the customers
  16. 16.True or false: “spending all the profit” is a helpful habit for an entrepreneur. (a) True (b) False
  17. 17.🔍 Which is the odd one out? (a) trying small first (b) breaking promises (c) spending all the profit (d) skipping the planning
  18. 18.⚖️ An entrepreneur “takes a risk”. What does that mean? (a) nothing can go wrong (b) profit is guaranteed (c) someone else pays (d) money could be lost
  19. 19.💡 An entrepreneur is a person who… (a) starts a business (b) only buys things (c) never takes a risk (d) works for a salary
  20. 20.True or false: someone who takes the business risk — that is what an entrepreneur does. (a) True (b) False
  21. 21.True or false: “spotting problems” is an unhelpful habit for an entrepreneur. (a) False (b) True
  22. 22.True or false: someone who is paid by the owner — that is what an entrepreneur does. (a) True (b) False
  23. 23.🚀 Helpful or unhelpful for an entrepreneur: blaming others? (a) an unhelpful habit (b) a helpful habit
  24. 24.True or false: someone who owns the business — that is what an employee does. (a) True (b) False
  25. 25.🔍 Which is the odd one out? (a) staying curious (b) spotting problems (c) giving up after one try (d) being honest
  26. 26.Which of these is an unhelpful habit for an entrepreneur? (a) spotting problems (b) ignoring complaints (c) asking customers (d) being honest
  27. 27.Which of these is an unhelpful habit for an entrepreneur? (a) never asking anyone (b) trying small first (c) saving for the business (d) being honest
  28. 28.👔 Who does this — an entrepreneur or an employee? Someone who works for an employer. (a) an employee (b) an entrepreneur
  29. 29.True or false: “planning ahead” is a helpful habit for an entrepreneur. (a) True (b) False
  30. 30.Which of these is a helpful habit for an entrepreneur? (a) ignoring complaints (b) skipping the planning (c) keeping promises (d) blaming others
  31. 31.🚀 Helpful or unhelpful for an entrepreneur: breaking promises? (a) a helpful habit (b) an unhelpful habit
  32. 32.🚀 Helpful or unhelpful for an entrepreneur: never asking anyone? (a) an unhelpful habit (b) a helpful habit
  33. 33.👔 Who does this — an entrepreneur or an employee? Someone who keeps the profit or loss. (a) an entrepreneur (b) an employee
  34. 34.Which of these is an unhelpful habit for an entrepreneur? (a) keeping promises (b) spotting problems (c) giving up after one try (d) working with a team
  35. 35.🚀 Helpful or unhelpful for an entrepreneur: staying curious? (a) an unhelpful habit (b) a helpful habit
  36. 36.Which of these is an unhelpful habit for an entrepreneur? (a) trying small first (b) being honest (c) spending all the profit (d) staying curious
  37. 37.🤝 Why do entrepreneurs work with other people? (a) to take their money (b) they never do (c) no one can do it alone (d) to make them work free
  38. 38.Which of these is a helpful habit for an entrepreneur? (a) ignoring complaints (b) spending all the profit (c) working with a team (d) giving up after one try
  39. 39.🔍 Which is the odd one out? (a) trying small first (b) spotting problems (c) copying a rival exactly (d) keeping promises
  40. 40.🌱 What is the best way to start a first business? (a) borrow a lot at once (b) quit school for it (c) copy a big company (d) start small and test

Answer key

  1. True
  2. an employee
  3. False
  4. False
  5. copying a rival exactly
  6. False
  7. a helpful habit
  8. False
  9. a real problem or need
  10. an unhelpful habit
  11. money left after costs
  12. an unhelpful habit
  13. saving for the business
  14. True
  15. learn and improve it
  16. False
  17. trying small first
  18. money could be lost
  19. starts a business
  20. True
  21. False
  22. False
  23. an unhelpful habit
  24. False
  25. giving up after one try
  26. ignoring complaints
  27. never asking anyone
  28. an employee
  29. True
  30. keeping promises
  31. an unhelpful habit
  32. an unhelpful habit
  33. an entrepreneur
  34. giving up after one try
  35. a helpful habit
  36. spending all the profit
  37. no one can do it alone
  38. working with a team
  39. copying a rival exactly
  40. start small and test

Free entrepreneurship lessons, practice and worksheets at talentjr.in/entrepreneurship-for-kids